Why choose Rent to Own?
Quick, easy, and cost-effective.
A lease to purchase contract is one of the most efficient ways to buy, sell and invest in the Kelowna real estate market.
This unique method truly offers a solution that benefits the buyer AND the seller when transferring real estate ownership.
Say goodbye to credit problems.
As the buyer, you could benefit from less cash out of pocket (compared to private financing) and increased buying power. Time is on your side and you have time to repair any credit issues.
Say hello to positive cash flow.
As the seller, you could benefit from a top sales price, the largest market of home buyers, and a non-refundable deposit. Feel secure with minimal financial risk and positive cash flow through rent payments.
Is the Rent to Own the right option for you?
If you’re actively seeking homes for sale on a rent to own agreement, then you are either:
A very smart, resourceful and proactive renter.
Looking to get a foothold in the local market before you get priced out.
A self employed person who needs more time to get the three years of financials the bank requires.
An innovative real estate investor seeking maximum flexibility and leverage.
Not in a position to purchase a home through conventional means.
Or, any combination of the above.
Most of our clients fall into one of these scenarios:
First Time Home Buyers
If you are looking for the easiest way to penetrate the real estate market, Rent to Own may be your best option.
After a divorce, it can take years to settle your affairs financially and getting a mortgage before this is finalized can be challenging. Rent to Own is a savvy alternative.
When the market has dropped and you don't want to sell at a loss, Rent to Own is a great interim move while you wait for your equity position in your previous home to recover.
Canadians Citizens in Waiting
If you are new to our country and require a year or two to get your citizenship in order before applying for a mortgage, Rent to Own is a smart option.
Anyone Who Needs a Break
If your credit needs a little time to repair, or if saving for a home loan seems impossible, Rent to Own could provide the solution.
Small businesses need three years of financials that show a strong net income and this prevents many self-employed people from qualifying for a loan. Rent to Own says yes, when the bank says no.
Are you looking to maximize your buying power and build equity and cash flow? Contact us and one of our investment specialists will buy you a no-pressure coffee to discuss your investment goals.